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DEL38 BIZ-LD PROCURMENT POLICY New Delhi: Ahead of the 2019 polls, the government Wednesday announced a Rs 15,053-crore procurement policy allowing states to choose a compensation scheme and rope in private

PTI | Sep 12, 2018, 20:32 IST

New Delhi, Sep 12 () Following are the top business stories till 1900 hours Tuesday:

DEL38 BIZ-LD PROCURMENT POLICY New Delhi: Ahead of the 2019 polls, the government Wednesday announced a Rs 15,053-crore procurement policy allowing states to choose a compensation scheme and rope in private agencies for procurement to ensure a profitable price to farmers.

DEL18 BIZ-RUPEE-FINMIN New Delhi: The government and the RBI will do everything to ensure that the rupee does not depreciate to "unreasonable levels", the Finance Ministry said Wednesday as the currency slid to a lifetime low of 72.91 to the dollar.

DEL31 BIZ-INFLATION-RETAIL New Delhi: Retail inflation cooled to a 10-month low of 3.69 per cent in August mainly due to a fall in prices of kitchen items, including fruits and vegetables, official data showed Wednesday.

DEL33 BIZ-IIP-GROWTH New Delhi: Industrial production grew at 6.6 per cent in July on the back of good performance by the manufacturing sector and higher offtake of capital goods and consumer durables.

DCM29 BIZ-CAB-OIL New Delhi: The government Wednesday approved fiscal incentives to attract investments and technology in raising oil and gas production from aging fields, which will unlock an estimated Rs 50 lakh crore of hydrocarbons in the next 20 years, Oil Minister Dharmendra Pradhan said.

DCM25 BIZ-CAB-ETHANOL New Delhi: The government on Wednesday approved an over 25 per cent hike in the price of ethanol produced directly from sugarcane juice for blending in petrol in a bid to cut surplus sugar production and reduce oil imports.

DCM10 BIZ-EXPORTS-AUGUST New Delhi: India's exports grew by 19.21 per cent to USD 27.84 billion in August on account of healthy performance by sectors such as petroleum. SHW MR MR

(This story has not been edited by timesofindia.com and is auto–generated from a syndicated feed we subscribe to.)

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